I thank the Deputy for raising this question, which is particularly important for a significant number of fishermen, numbering some 25 or 26, who fish for squid and haddock inside the Rockall 12-mile zone. He referred to the estimated financial costs associated with this. As he knows, I received the task force report, Navigating Change, last October. The impact of the loss of access to these waters on the Irish fishing vessels that have traditionally fished for squid and haddock in the waters around Rockall was examined by the task force. To clarify the figures I provided to the House in response to a previous question on this issue, the task force estimated that, in 2019, the total squid fishery was valued at approximately €6.6 million. The majority of squid is taken from the waters surrounding Rockall and this amounted to 1,071 tonnes valued at in excess of €5 million in 2019, and 371 tonnes valued at €1.6 million in 2020. The estimate by the task force of the catch of other stocks near Rockall is €1 million.
I launched a Brexit temporary fleet tie-up scheme in September 2021 on foot of the task force recommendation. The scheme was established as a targeted measure for certain segments of the fishing fleet to mitigate the loss of income in 2021 arising from the significant quota reductions under the EU-UK Trade and Cooperation Agreement. In line with the task force recommendations, I extended that scheme for an additional month to cover vessels that could not participate in the Rockall squid fishery. The scheme was administered by Bord Iascaigh Mhara, BIM.
As the Deputy knows, Ireland has never made any claims to Rockall, nor have we ever recognised British sovereignty claims over it. Accordingly, we have not recognised and do not recognise a 12 nautical mile territorial sea around it. This remains very much the Government position. We have been in contact with the relevant Scottish and UK authorities on Rockall over recent years and intensively since the beginning of last year. Through this engagement, the Government is seeking to address the issues involved, reflecting the long-standing fisheries traditions in the area. Both the Minister for Foreign Affairs and I continue to consider all options for further engagement and are working in every way we can to secure a satisfactory resolution this year. I will continue to monitor the situation and will consider, later in the year, introducing a further tie-up scheme, if required, for the vessels impacted by lack of access to the fishery.